On Monday, Senator Gene Dornink (R-Hayfield) introduced a bill, SF 2091, that would allow Minnesota’s retirees to fully and completely deduct all Social Security income on their state income taxes.
“As a new legislator, I have heard from many constituents about Social Security taxes and how it impacts them and their families. Minnesota is one of the only remaining states levying a tax on Social Security income and it is time to give our seniors this well-earned relief. This is about doing the right thing and I am looking forward to Social Security income becoming fully exempt from state income taxes,” Senator Dornink said.
In 2017, Senate Republicans began the process of phasing out taxes on Social Security income, which is taxed twice under current law – once when it is taken out of your paycheck, and again when you receive your benefit after retirement.